Regulation And Legislation

Displaying 10528 results
REGULATION AND LEGISLATION SEP 30, 2016
Deutsche Bank shares rise on report of $5.4 billion deal with Justice Department

By Bloomberg
LIFE INSURANCE AND ANNUITIES SEP 30, 2016
Attrition fears play into broker-dealers' hesitation to detail new commission schedules under DOL fiduciary rule

Some brokerages know what their new annuity commissions will be in response to the regulation. Why are they staying quiet? <b><i>(More: <a href=&quot;http://www.investmentnews.com/section/fiduciary-faq&quot; target=&quot;_blank&quot;>The top FAQs on the DOL fiduciary rule</a>)</i></b>

By Greg Iacurci
State regulators reveal top enforcement targets and the price they pay
PRACTICE MANAGEMENT SEP 30, 2016
State regulators reveal top enforcement targets and the price they pay

Agencies brought more cases against registered advisers than unregistered entities, and certain products featured in many of them.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION SEP 29, 2016
Adviser suspended for five years for overcharging clients

Texes securities commissioner claims Jens Pinkernell charged clients nearly $47,000 more than he should have over a three-year period.

By Grete Suarez
RIA NEWS SEP 29, 2016
SEC charges broker with fraudulently raising $3.2 million for his failing mutual funds

Peter Kohli, the CEO of DMS Advisors, allegedly stole money from investors as the funds neared collapse.

By Christine Idzelis
DOL fiduciary rule expected to put new pressure on mutual fund expenses
EQUITIES SEP 28, 2016
DOL fiduciary rule expected to put new pressure on mutual fund expenses

Some fund share classes could be on the way out, according to a new report from S&amp;P Global Market Intelligence.

By Jeff Benjamin
Fidelity's eMoney introducing DOL fiduciary compliance functions for advisers
FINTECH SEP 28, 2016
Fidelity's eMoney introducing DOL fiduciary compliance functions for advisers

Software firm is boosting compliance functions of its financial planning platform. <b><i>(More: <a href=&quot;http://www.investmentnews.com/section/fiduciary-focus &quot; target=&quot;_blank&quot;>The most up-to-date information on the DOL fiduciary rule</a>)</i></b>

By Liz Skinner
EQUITIES SEP 27, 2016
More dark clouds loom over Wells Fargo

Plus: DOL rule puts advisers between clients and target-date funds, big dividend yields for those with a strong stomach, and companies lean toward auto-IRAs

By Jeff Benjamin
PRACTICE MANAGEMENT SEP 27, 2016
SEC gets staff recommendation to allow third-party exams

Mary Jo White says the commission is reviewing a staff proposal and could vote to move ahead with independent audits.

By Mark Schoeff Jr.
Advisers may drop lower- and middle-income clients due to DOL fiduciary rule: NAIFA survey
RIA NEWS SEP 26, 2016
Advisers may drop lower- and middle-income clients due to DOL fiduciary rule: NAIFA survey

By Grete Suarez
REGULATION AND LEGISLATION SEP 26, 2016
Financial industry rhetoric riles DOL officials

Firms may be losing the battle against the Labor Department's fiduciary rule for retirement advice, but they are still framing the debate around it &amp;mdash; to the agency's chagrin.

By Mark Schoeff Jr.
EQUITIES SEP 26, 2016
SEC charges duo in defrauding seniors and others in $20 million penny-stock scam

Former head of two microcaps worked with boiler room operator whose agents pressured investors and promised them lucrative profits.

By Christine Idzelis
LIFE INSURANCE AND ANNUITIES SEP 26, 2016
Insurers cite broker-dealer annuity requirements as 'big issue' under DOL fiduciary rule

B-Ds and other annuity distributors are asking insurers for product specifications with an eye toward compliance with the new regulation.

By Greg Iacurci
Brokerages walking away from arbitration awards
INDEPENDENT BROKER DEALERS SEP 26, 2016
Brokerages walking away from arbitration awards

Finra has been unable to find a way to ensure investors get paid what they are owed.

By Bruce Kelly
REGULATION AND LEGISLATION SEP 26, 2016
SEC's courts still appear biased

By Ellie Zhu
Federal court denies Ray 'Buckets of Money' Lucia's appeal to SEC ban
REGULATION AND LEGISLATION SEP 26, 2016
Federal court denies Ray 'Buckets of Money' Lucia's appeal to SEC ban

The adviser and radio show host had challenged the right of the SEC to use administrative law judges to hear cases such as his.

By Bruce Kelly
REGULATION AND LEGISLATION SEP 26, 2016
Barred 'Buckets of Money' radio host adviser gets boost from split SEC

Investment adviser and talk radio host Ray Lucia Sr., whom the SEC had fined and barred from the industry for allegedly misrepresenting a retirement investment strategy may have received a boost in the form of a split decision on his appeal.

By Mark Schoeff Jr.
Hillary Clinton vs. Donald Trump: Who are you voting against?
REGULATION AND LEGISLATION SEP 25, 2016
Hillary Clinton vs. Donald Trump: Who are you voting against?

In many cases, financial advisers feel more strongly about keeping a candidate out of the White House than voting one in.

By Mark Schoeff Jr.
MUTUAL FUNDS SEP 25, 2016
Evaluating target-date funds through the prism of the DOL fiduciary rule

New regulatory environment calls for a more holistic evaluation process.

By Bloomberg
EQUITIES SEP 23, 2016
Morgan Stanley: DOL fiduciary rule turns brokerage business into a buy

Plus: Trump would dump Yellen, bracing for the next housing bubble, and 401(k) realities that should not be ignored

By Jeff Benjamin